Westpac has agreed to pay a record $1.3 billion fine for major breaches of money laundering and terror financing laws. It will be the largest civil penalty in Australian history. Attorney-General Christian Porter said the […]
Millions of homes and businesses will gain access to ultra-fast internet under a $4.5 billion upgrade to the national broadband network. At least eight million premises should have speeds of up to one gigabit per […]
Queensland Coles supermarkets will be running on 90 per cent renewable electricity within three years under a deal struck with the state government. The retail giant has agreed to buy 400 GWh of electricity from […]
Qantas boss Alan Joyce has agreed to take an 83 per cent pay cut for the 2019/20 financial year, reflecting the tough trading conditions for the airline during the COVID-19 pandemic. It means Mr Joyce […]
Woolworths Holdings is reviewing its South African clothing business and the food division of Australian unit David Jones in a bid to stem losses amid a slump in earnings, its chief executive said. Roy Bagattini, […]
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